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Dec 27, 2012
12/12
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and lower tax rates. david: the president will not -- he did say so you, by the way. said so in july of 2011. give us 1.2 trillion in additional revenues which could be accomplished without hiking tax rates and then in september 2011, he came out with his own budget in which he said the tax system should be simplified and work for all americans with lower individual and corporate tax rates and fewer brackets. the president said that just a year ago. >> ideology has trumped that practicality. brief period of practicality he had after the shellacking he took in the 2011, 2010 lech ounce is. now he is back to the old mode. we're all paying a price for it. david: okay. final question, is there any way we grow with a president who will not sign on to anything but higher tax rates for the rich? >> at best we'll have a stalled or gone 10 miles-an-hour on a super highway. david: you're not investing any of your money. >> i'm long term. i'm not going to try to time this market because when it turns it will be sudd
and lower tax rates. david: the president will not -- he did say so you, by the way. said so in july of 2011. give us 1.2 trillion in additional revenues which could be accomplished without hiking tax rates and then in september 2011, he came out with his own budget in which he said the tax system should be simplified and work for all americans with lower individual and corporate tax rates and fewer brackets. the president said that just a year ago. >> ideology has trumped that...
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Dec 28, 2012
12/12
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WJLA
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meeting, president obama will push for a stop gap measure, a small deal that will at least prevent tax increases for those earning $250,000 or less. but even that seems unlikely. >> the american people have a right to be very upset with this congress. >> publicly, both sides have ratcheted up rhetoric, pointing the finger. >> john boehner seems to care more about keeping his speakership than keeping the nation on firm financial footing. >> the only reason why democrats have been trying to defect -- deflect attention over the past few weeks is they did not have a plan of their own. >> the path for the rest in the hands of the senate. house republican leaders say they will take action on whatever bill can pass the chamber. if there is a breakthrough, the legislation will not pass until the 11th hour or because house members to not return here until sunday night. abc news washington. >> new word on a potential dockworkers' strike that could cripple the nation's economy. the mediator now says contract with the longshoremen on the east and gulf coast have been extended for 30 days. thousand
meeting, president obama will push for a stop gap measure, a small deal that will at least prevent tax increases for those earning $250,000 or less. but even that seems unlikely. >> the american people have a right to be very upset with this congress. >> publicly, both sides have ratcheted up rhetoric, pointing the finger. >> john boehner seems to care more about keeping his speakership than keeping the nation on firm financial footing. >> the only reason why democrats...
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Dec 22, 2012
12/12
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CNNW
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, voting for anything that can be perceived as a tax increase. well, what the president is talking about even scaled down version is definitely raising taxes. and raising taxes on people making $250,000 or more, at least households, so that's going to be difficult to do. that's why reality check here, talking to democrats and republicans, it seems as though they're going through the motions, that they're going to talk about talking when they get back and get back from the holiday and at this point both sides are saying that they are pretty confident we're going it on go over the fiscal cliff. >> and the president i thought had a weird moment, jessica, in his remarks where he started talking about everyone should have egg nog and christmas cookies and then think about what they're going to do before they think about coming back to doing some kind of deal before we go over that cliff. we're talking about ten days there. do you really think there is time for all of that? >> there is time to get a deal done. there is always time in washington because
, voting for anything that can be perceived as a tax increase. well, what the president is talking about even scaled down version is definitely raising taxes. and raising taxes on people making $250,000 or more, at least households, so that's going to be difficult to do. that's why reality check here, talking to democrats and republicans, it seems as though they're going through the motions, that they're going to talk about talking when they get back and get back from the holiday and at this...
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Dec 29, 2012
12/12
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FOXNEWSW
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. >> just about everybody is trying to stop the tax cuts from expiring. but billions in subidies for wind energy should be expiring. could they be right or will they blow up energy prices. we'll go in focus with steve bor bes and bill and morgan. is it paying off? >> no, it is 18 times that of nuclear energy. ronald reagan was right. thest thing to immortality is a government program. politicians are labeled with hot wind and we label the section gone with the wind. >> we have sending sib sidies in '92, has it been worth it. >> we are early inlet process. we have subsidized oil and coal and gas. we have done them from darn near a century. these don't look so bad. like it or not, the majority of americans believe that global warming is an issue. we need to develop clear energy sources. fossil fuels may be a difficult problem. we are subsidizing thingings. it is cheaper to produce energy from natural gas. it is a subsidies. other than it is natural gas there. it is 63 cents compared to $53. that is not a pay off to me. >> i will have to disagree with rick.
. >> just about everybody is trying to stop the tax cuts from expiring. but billions in subidies for wind energy should be expiring. could they be right or will they blow up energy prices. we'll go in focus with steve bor bes and bill and morgan. is it paying off? >> no, it is 18 times that of nuclear energy. ronald reagan was right. thest thing to immortality is a government program. politicians are labeled with hot wind and we label the section gone with the wind. >> we have...
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Dec 27, 2012
12/12
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KTVU
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harry reid is trying to get republicans on board with the president's latest offer including raising taxes on those making 400,000 a year not 250,000. senator harry reid will pass this plan and does not want to put it to a vote unless he knows it will pass the housement they want to avoid fitting the call. house speaker john boehner held a meeting with fellow gop leaders and said he would give them 48 hours before calling them back from their holiday vacation meaning saturday is the earliest time a fiscal vote could take place on this deal. treasury secretary tim geithner said the united states will hit the debt ceiling on monday unless he takes extraordinary measures. they believe it could force congress to come up with a deal before monday's deadline but some republicans are not as optimistic. live in washington, ktvu channel 2 morning news. >>> they set $2 billion for unit who made her first court appearance. she was drunk when she hit a group of people. the woman was knocked up to a hill and she was studying criminal justice before that police crash. >> she is somebody who was never in
harry reid is trying to get republicans on board with the president's latest offer including raising taxes on those making 400,000 a year not 250,000. senator harry reid will pass this plan and does not want to put it to a vote unless he knows it will pass the housement they want to avoid fitting the call. house speaker john boehner held a meeting with fellow gop leaders and said he would give them 48 hours before calling them back from their holiday vacation meaning saturday is the earliest...
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Dec 27, 2012
12/12
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FBC
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they're balanced on increasing taxes. i don't like increasing taxes. i like pro-growth economics but we need to cut spending. right now the law does it. i think go over the cliff. we know exactly what is going on. i'm concerned about a lot more things around the globe, particularly corporate earnings than i am the fiscal cliff. adam: all right. jeffrey cleveland, you're an economist, which is worse, raising taxes doing austerity all at once? what you do i this? >> i think the biggest problem is the uncertainty with all this. we're at december 27th. we're talking about changing the rules of the game. i think from an economist's standpoint, from an investor's standpoint rules, whether they're tax rates or spending rates, those are the signposts for the entrepeneurs. that is how entrepreneurs set the agenda for growth and economic activity. if you're adjusting those signposts, adam, at the last second, that is bad for growth. sort of like if you're on the super high wand a keep changing exit signs. you can't stop. adam: steve hayes, i will get to you in a
they're balanced on increasing taxes. i don't like increasing taxes. i like pro-growth economics but we need to cut spending. right now the law does it. i think go over the cliff. we know exactly what is going on. i'm concerned about a lot more things around the globe, particularly corporate earnings than i am the fiscal cliff. adam: all right. jeffrey cleveland, you're an economist, which is worse, raising taxes doing austerity all at once? what you do i this? >> i think the biggest...
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170
Dec 23, 2012
12/12
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FBC
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it is immensely complicated for tax purposes. put it in your personal portfolio. >> you know he is a kid at heart. >> in this case, it might mean his grand daughters. give them barbie dolls and staple tit a share of matel stock. 10 most annoying toys out there and matel didn't have any of them. >> steve, you like marxtel. >> toys are nice and bill is right. it has a yield of 3.3 percent . that is like 30 percent in olden
it is immensely complicated for tax purposes. put it in your personal portfolio. >> you know he is a kid at heart. >> in this case, it might mean his grand daughters. give them barbie dolls and staple tit a share of matel stock. 10 most annoying toys out there and matel didn't have any of them. >> steve, you like marxtel. >> toys are nice and bill is right. it has a yield of 3.3 percent . that is like 30 percent in olden
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Dec 27, 2012
12/12
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MSNBCW
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>> if all tax rates go up, any deal can be called a tax cut. it's simple like that. if you go over the cliff, anything's a tax cut. >> if you do it now how's it interpreted? >> the interpretation will some primary voters is you danced around on rates. >> or they pass a bill cutting taxes continuing the bush tax cuts for under $500,000 a year. something they agree on. >> because of what bob's saying is they're worried some voters are going to look at that -- >> unaware of reality that they would confuse this week with next week in terms of the same results. >> governor norquist agrees with you. but some republicans especially in the house who are unwilling to make the plan "b" type deal. >> but in the end where do you think it's going to end up? $500,000? $600,000? >> it's going to be in the middle. closer to obama's $400,000. >> i think that's about right. sounds about like $400,000. >> which leaves out less than 2% of the people. >> absolutely. >> people say that's an average income. most people make about $40,000 a year. that's average. $40,000 and that's with thre
>> if all tax rates go up, any deal can be called a tax cut. it's simple like that. if you go over the cliff, anything's a tax cut. >> if you do it now how's it interpreted? >> the interpretation will some primary voters is you danced around on rates. >> or they pass a bill cutting taxes continuing the bush tax cuts for under $500,000 a year. something they agree on. >> because of what bob's saying is they're worried some voters are going to look at that --...
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Dec 27, 2012
12/12
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CSPAN
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accounts receivables tax, cigarette tax, corporate income tax. host: etc., etc. ralph in illinois. caller: merry christmas. losing ground in a dozen wars and by outgoing a path for free medicine and replacing imported -- host: i think we got your point . do you have a position on the so-called war on drugs? guest: i shake my head a little bit. many of the advocates of legalizing marijuana of those that will lead the charge like the mayor in new york against smoking. in terms of marijuana, with the appropriate warnings and the like, you can make a case for it. when you get addicted to those things like cocaine, it is difficult to get you off of it. much harder than cigarettes and liquor. you have to have gradations. when people get paroled from prison, oftentimes a nuclear weapon. they go back to using drugs. do you throw them in for another five or 10 years? do you let them go? spend a night in jail. there is a lot of gradations on this thing. that debate will be joined. in terms of medical marijuana, there's an element of marijuana that i do not understand they cannot extract that
accounts receivables tax, cigarette tax, corporate income tax. host: etc., etc. ralph in illinois. caller: merry christmas. losing ground in a dozen wars and by outgoing a path for free medicine and replacing imported -- host: i think we got your point . do you have a position on the so-called war on drugs? guest: i shake my head a little bit. many of the advocates of legalizing marijuana of those that will lead the charge like the mayor in new york against smoking. in terms of marijuana, with...
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Dec 30, 2012
12/12
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FBC
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shoort-term expiring tax cuts, including the payroll tax cut. you know, it's not the best way to solve a problem, but th cliff is the result of not coming up with deals and they're not going to come up with battery deal, if it's negotiated it's nothe ideal way to solve it outfter deficit. we'd like t gradually raise taxes and cut spending, but this is the best we're going to get. any of the deals they would agree on, probably leave us to the other guest's pot, close to a trillion dollars anyway, and it's the closest shot leaves us with aeficit and closing this gap we can't get out of. and since they lowered taxes they raise spending and two things have to convening and one unfortunate way to do it. >> aren't we in the end, toby, go to get a bad deal? >> from the market sndpoint e want to this riding in the last moment on white horses kumbayah, i believe the last hour the last day. >> the markets have been down had a bad week, selloff. >> in the futures market on friday, just after the guys came outen said maybe we have a deal, shot up a hundred
shoort-term expiring tax cuts, including the payroll tax cut. you know, it's not the best way to solve a problem, but th cliff is the result of not coming up with deals and they're not going to come up with battery deal, if it's negotiated it's nothe ideal way to solve it outfter deficit. we'd like t gradually raise taxes and cut spending, but this is the best we're going to get. any of the deals they would agree on, probably leave us to the other guest's pot, close to a trillion dollars...
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Dec 22, 2012
12/12
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we'll be back in a second. >> proposal to get our deficit uncontrol, avoid tax cuts, or avoid tax hikes on the middle class, and to make sure we can spur jobs and economic growth. a balanced proposal that cuts spending but also asks the wealthiest americans to pay more, proposal that will strengthen the middle class over the long haul and grow our economy over the long haul. during the course of these negotiations i offered to compromise wit republicans in congress. i met them halfway on taxes, and i met them more than halfway on spending. in terms of actual dollar amounts we're not that far apart. as of today i am still ready and willing to get a comprehensive package done. i still believe that reducing our deficit is the right thing to do for the long-term health of our econy and the confidence of our businesses. i remain committed to working towards that goal, whether it happens all at once or whether it happens in several different steps. but, in 10 days we face a deadline. in 10 days under current law tax rates are kedcud you would to -- scheduled to rise on most americans. even th
we'll be back in a second. >> proposal to get our deficit uncontrol, avoid tax cuts, or avoid tax hikes on the middle class, and to make sure we can spur jobs and economic growth. a balanced proposal that cuts spending but also asks the wealthiest americans to pay more, proposal that will strengthen the middle class over the long haul and grow our economy over the long haul. during the course of these negotiations i offered to compromise wit republicans in congress. i met them halfway on...
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Dec 28, 2012
12/12
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FBC
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it became clear after john boehner put on the table keeping tax rates and taxes where they are for income amount of less than $1 million, not enough in cuts, you have to get democrats and republicans to bring this over the line in the house much like you have to do in the senate which is why this has to be worked out with a democrat and republican leaders in the white house later today in a last-ditch effort to get something done before new year's. adam: rich edson on his way to the white house. for more on the last-ditch talks to avoid the fiscal clip i am joined by heritage foundation budget expert and data analyst director bill beach. , the conspiracy theory, in actuality both sides want us to go over the cliff to restore spending cuts and can enact tax cuts for some of us. do you think there's any credibility to that? >> may be more than a conspiracy theory. they both want to go over the cliff. in some respects it is an interesting effect. going over the cliff would definitely pushed equities down. i can't imagine it would do anything other than that but that makes bonds strong brand
it became clear after john boehner put on the table keeping tax rates and taxes where they are for income amount of less than $1 million, not enough in cuts, you have to get democrats and republicans to bring this over the line in the house much like you have to do in the senate which is why this has to be worked out with a democrat and republican leaders in the white house later today in a last-ditch effort to get something done before new year's. adam: rich edson on his way to the white...
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self-imposed out costs from society i will cut myself am i going to tax my brother understand. going to leave basically attack the cops of my anger and my frustration. that upgrade well into the dome. two of the most violent gangs in us history. is just all model kill or be killed with the colors matching the national flag. but this country uses violence when it reaches its and then it legitimizes the violence they are made in america on the autopsy. you know how sometimes you see a story and it seems so poorly you think you understand it and then you glimpse something else and you hear or see some other part of it and realized everything you thought you knew you don't know i'm tom harman welcome to the big picture. hold it. hold it hold it hold. it hold it. there are live. at the end of that speech he gave. her. i wish i was sleep bombing sleep good at least. just see the mountain a little bit and i'm pleased at. the time outline of a little. i'm sure soon the trying to. move. from science to. don't come. and any given city whether you're sitting in new york or london where ma
self-imposed out costs from society i will cut myself am i going to tax my brother understand. going to leave basically attack the cops of my anger and my frustration. that upgrade well into the dome. two of the most violent gangs in us history. is just all model kill or be killed with the colors matching the national flag. but this country uses violence when it reaches its and then it legitimizes the violence they are made in america on the autopsy. you know how sometimes you see a story and...
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kind of resolution to this this is all happening because of the bush era tax cuts they basically have expired and now this means automatic switch and taxes and spending increases because it's all going to. the g.d.p. in the u.s. to go down by around three percent if nothing is done ok well you'll follow that up the next absolutely in a couple of minutes when i'm back i'll give you more details on that ok. speak your language. programs and documentaries in arabic it's all here on. reporting from the world talks to feel interviews intriguing stories are you. trying. to find out more visit our big. lead . lives. thank. you watching business very welcome to the program live or fixing money laundering and more two thousand and twelve has seen the banking world rocked by scandals this year financial institutions have paid record fines totaling over twenty billion dollars but clay's u.b.s. and other banks admitted to manipulating the libel rates h.s.b.c. was fined for money laundering for the mexican drug cartel while misselling and poor consumer protection also drew attention from their fin
kind of resolution to this this is all happening because of the bush era tax cuts they basically have expired and now this means automatic switch and taxes and spending increases because it's all going to. the g.d.p. in the u.s. to go down by around three percent if nothing is done ok well you'll follow that up the next absolutely in a couple of minutes when i'm back i'll give you more details on that ok. speak your language. programs and documentaries in arabic it's all here on. reporting from...
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Dec 30, 2012
12/12
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FOXNEWSW
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taxes are going up. we know that. spending going up for sure even before the health care law kicks in. so we are moving in that direction, particularly in the entitlement state. >> right. >> not reforming it, but actually expanding it. >> what happened was the supreme court helping this along. t you had the justices essentially rewrite legislation. changing the tax congress passed to declare obama care constitutional which is a littleec scary that the highest justice is -- justices in the land would take the activist roll. that's what is scary. the backdrop of the presidential year was europe. we know where this path leads. all this turmoil, the huge welfare and the low productivity and high unemployment that comes along with them, that was the backdrop of the presidential campaign. voters voted, and they said, yes, we are going to keep moving in that direction, kim. where do you think the electorat is here? is it be ibd hue the choices that -- is it behind the choices that jason suggested they might be? >> barack oba
taxes are going up. we know that. spending going up for sure even before the health care law kicks in. so we are moving in that direction, particularly in the entitlement state. >> right. >> not reforming it, but actually expanding it. >> what happened was the supreme court helping this along. t you had the justices essentially rewrite legislation. changing the tax congress passed to declare obama care constitutional which is a littleec scary that the highest justice is --...
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Dec 28, 2012
12/12
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WUSA
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taken out because of the payroll tax, or they are going to lose deductions. most of the time they won't see a big deal until their first paycheck next year comes in. >> linda, president of tax masters in rockville, thanks for joining us and answering our viewers question. >> thank you, matt. >> highway officials throughout the region are warning holiday weekend travelers to stay off the roads if possible, he is special tomorrow morning. >> reporter: i'm scott broom in maryland where highway crews are not expecting a big symptoms, but they are expecting enough snow to make highways hazardous in just about every direction you can go. >> i do have travel plans, and that's to stay home. >> if you haven't been think about driving in winter weather now is the time. >> reporter: at the command center in hanover, maryland, laura is keeping tabs on the developing forecast. >> it's never a good time to drive at the onset of a storm. so fur planning on traveling this weekend keep a close eye on the winter storm on saturday, and if possible, delay travel until later in t
taken out because of the payroll tax, or they are going to lose deductions. most of the time they won't see a big deal until their first paycheck next year comes in. >> linda, president of tax masters in rockville, thanks for joining us and answering our viewers question. >> thank you, matt. >> highway officials throughout the region are warning holiday weekend travelers to stay off the roads if possible, he is special tomorrow morning. >> reporter: i'm scott broom in...
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Dec 24, 2012
12/12
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FBC
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eye 587
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the middle class is not going to pay higher taxes. if we go into january, dagen, one of the things they will do is make whatever bill they pass retroactive to january 1st. i think there's way too much panic talk here. dagen: what went wrong with the plan b and house speaker boehner and if you have republicans who won't sign off on an increase above an income threshold of a million dollars, where do you think that that line falls for the whole of america? >> well, look, i think the deal that's going to emerge is probably some kind of income cut-off of about $500,000. and you're not -- you know, some republicans will vote for that. dagen: steve i apologize. let me interrupt you. i will come back to you. let's listen. wait till the sun shines. ♪ [clapping and cheering] dagen: annual christmas eve tradition at the new york stock exchange, a song written at the turn of the last century and they're still singing it downtown at the corner of wall and broad. steve, we both -- i don't know the lyrics and the world should be thankful for that
the middle class is not going to pay higher taxes. if we go into january, dagen, one of the things they will do is make whatever bill they pass retroactive to january 1st. i think there's way too much panic talk here. dagen: what went wrong with the plan b and house speaker boehner and if you have republicans who won't sign off on an increase above an income threshold of a million dollars, where do you think that that line falls for the whole of america? >> well, look, i think the deal...
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117
Dec 22, 2012
12/12
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CSPAN2
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the law is pretty clear, with their accumulated enough facts to know who to tax and who should not, that is something that is not a problem with the lawyers. if i can add one thing my friend stewart talks about, our strategy for nuclear war, i was assigned to the nuclear command. united states's plans conform with the law of war. i don't see anyone willing to take this on because we happen to have a low regard, i don't see any nascent out there willing to line up to take the sun. >> on that response, would that be a high scale act, how would you determine that? how does charlie see that as an issue for the cyber issue? >> i have a dumb question. i am sorry. dumb question for us to get hung up on. not a dumb question for you to ask because it is being asked but we should not get the lawyers to determine this. the real question is what would be the best military posture for the united states to deters people from experimenting with fibersattacks on the united states and the right answers we are not going to tell you what an attack is but we will know it when we see it and you will know bec
the law is pretty clear, with their accumulated enough facts to know who to tax and who should not, that is something that is not a problem with the lawyers. if i can add one thing my friend stewart talks about, our strategy for nuclear war, i was assigned to the nuclear command. united states's plans conform with the law of war. i don't see anyone willing to take this on because we happen to have a low regard, i don't see any nascent out there willing to line up to take the sun. >> on...
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Dec 28, 2012
12/12
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MSNBCW
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and the estate tax. and what's essentially happening here and a door open here, democrats leave the door open and expect mcconnell to make a counter offer, whatever the case may be, democrats run the place saying to mitch mcconnell, hey, if we jump off of this bridge, cliff, as it were, we're going to hold hands with you and not only bring along some republicans jumping off this cliff here but you have to make sure that john boehner comes along, too, and put something on the floor that's not going to get the majority of the majority republicans in the house of represent evs. that is the predicate, that is the condition in the senate. no one believes that john boehner will take that leap holding the hands of harry reid or mitch mcconnell, for that matter. the preponderance of opinion, the overwhelming belief and suspicion, however you want to phrase it, here in the capitol and downtown on k street is going over the cliff. only question now is how many days to extend past january 1st before they come back
and the estate tax. and what's essentially happening here and a door open here, democrats leave the door open and expect mcconnell to make a counter offer, whatever the case may be, democrats run the place saying to mitch mcconnell, hey, if we jump off of this bridge, cliff, as it were, we're going to hold hands with you and not only bring along some republicans jumping off this cliff here but you have to make sure that john boehner comes along, too, and put something on the floor that's not...
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Dec 30, 2012
12/12
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CSPAN
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eye 101
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, it was a payroll or corporate tax -- >> yeah. >> and imposed the carbon tax. now, you think that's not high enough, but it didn't -- for example -- >> well, i think the problem with that is -- and, grover norquist, by the way, he did decide -- well, you know, the thing -- i think what convinces conservatives is the fact that once they are smart enough -- and those who are smart enough to realize we're not making this stuff up, and there are most -- and i think a lot of them are smart enough to realize that, then, they start to think, well, gee, if we let -- if we continue to deny this, we'll reach a point where things happen like super sandys. and then, the government is going to -- that's pearl harbor and the government will take over like the government took over detroit and said, you can't make cars anymore. you're gonna make airplanes and you're not gonna make money. they don't want that to happen, so -- something gonna do about it before -- intervention now -- >> yeah. >> is better than more intervention later, more government -- >> right. >> intervention
, it was a payroll or corporate tax -- >> yeah. >> and imposed the carbon tax. now, you think that's not high enough, but it didn't -- for example -- >> well, i think the problem with that is -- and, grover norquist, by the way, he did decide -- well, you know, the thing -- i think what convinces conservatives is the fact that once they are smart enough -- and those who are smart enough to realize we're not making this stuff up, and there are most -- and i think a lot of them...
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Dec 23, 2012
12/12
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CSPAN2
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eye 84
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that's your tax subsidy. you spend additional money after taxes and treat everybody the same. >> host: what do you mean? >> guest: right now we don't. right now you get in a subsidy to employer provides you with a plan, you get no tax relief. purchasing insurance on your own. under obamacare, inequities are even worse. step on the treat everyone the same. when you buy insurance, no matter who you are, get the same amount of help from
that's your tax subsidy. you spend additional money after taxes and treat everybody the same. >> host: what do you mean? >> guest: right now we don't. right now you get in a subsidy to employer provides you with a plan, you get no tax relief. purchasing insurance on your own. under obamacare, inequities are even worse. step on the treat everyone the same. when you buy insurance, no matter who you are, get the same amount of help from
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free market institutions is faintly ridiculous they're absolutely riven by not only by privileges like tax payer funded deposit insurance and lender of last resort also the whole credit markets are centrally planned by the central banks so politics that they are actually banks themselves are part of an enormous monetary power in the world which is directed by central banks so they're very very tightly coupled also when you look at the revenues from the banking system you can see that the banking system inflationary money is a very important part of funding the welfare state so they're incredibly tight you can called i don't actually think that's very healthy or in anybody's best interests how do you characterize them that relationship between the banks and the state is it a sinister kind of a partnership sinister is kind of the wrong word and with these things i try to stay very close to the literature and to facts because obviously there are people out there will sorts of wild ideas i don't think it's sinister i think it's. the automatic consequence of people having commercial interests a
free market institutions is faintly ridiculous they're absolutely riven by not only by privileges like tax payer funded deposit insurance and lender of last resort also the whole credit markets are centrally planned by the central banks so politics that they are actually banks themselves are part of an enormous monetary power in the world which is directed by central banks so they're very very tightly coupled also when you look at the revenues from the banking system you can see that the...
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Dec 23, 2012
12/12
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accounts receivable tax cut building permit tax, corporate income tax, dog license tax, federal income tax, phishing attacks, iris don't take him a local income tax, luxury taxes for a marriage license tax, payroll, real estate tax and i'm kind of editing as they go here come the social security tax, trailer registration tax, utility taxes, watercraft legislation taxes, et cetera come et cetera. why did you include this list of taxes in "freedom manifesto"? >> picture shows government coercion and that is almost everything you do now is that giving tax do we don't realize it. was the first thing you do? u-turn on the electricity in the future electricity bill. you have a cup of coffee, cup of tea. gasoline tax and that list doesn't even include the upcoming taxes on medical devices and the odometer taxes. you could expand at the 16 coming without one. the bottom line is everything you do ends up getting taxed that reduces capacity to create resources and reduces your freedom. >> steve forbes can you talk about tax withholding would never think about money has been ours. >> is, that cam
accounts receivable tax cut building permit tax, corporate income tax, dog license tax, federal income tax, phishing attacks, iris don't take him a local income tax, luxury taxes for a marriage license tax, payroll, real estate tax and i'm kind of editing as they go here come the social security tax, trailer registration tax, utility taxes, watercraft legislation taxes, et cetera come et cetera. why did you include this list of taxes in "freedom manifesto"? >> picture shows...
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that govern it in new york the medallion system has become a speculative investment with corporate tax the medallions increasing as thousand per cent from their average price of fifty thousand dollars in one thousand nine hundred eighty according to the new york post in stockholm reportedly their system is a little freer market where taxis are allowed to charge whatever price they like and in d.c. where after countless nights waiting in long lines after arriving to the train station with a dearth of cabs and some that couldn't even drive to my address because of the limits of their permits and rules governing them i hopped into a couple cabs to explore our own cities silly regulations and one market antidote we possibly found to them that. taxi in washington d.c. like many other cities you can't always get a cab when and where you need one but when you do catch a taxi and meet its driver and my name is not. always right you know it's almost too for you. like nasser he or she can offer up a reason when and why cabs becomes scarce of them you know. when you're driving cabs to the dad to
that govern it in new york the medallion system has become a speculative investment with corporate tax the medallions increasing as thousand per cent from their average price of fifty thousand dollars in one thousand nine hundred eighty according to the new york post in stockholm reportedly their system is a little freer market where taxis are allowed to charge whatever price they like and in d.c. where after countless nights waiting in long lines after arriving to the train station with a...
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Dec 28, 2012
12/12
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KTVU
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and income taxes on the state's top earners. the fiscal cliff would add to that, hitting all americans with higher taxes. >> i don't know there is a word to describe how pissed the public is going to be, nobody going to be happy to see that happen. >> if taxes go up on everybody it is not going to be a happy time but i think that is inevitably what is going to happen. >> the tax policy center says the lowest income people will shrink over 3%, average owners 4% and top earns about six%, secretary of state hillary clinton is expected to return to work next week, a spokesman for her says she continues to recuperate at home and well resume her work schedule next week. doctors say she contracted a stomach virus and became dehydrated and fainted and hit her head and diagnosed with a concussion and has not been seen in public since. >>> the contra costa fire county district has scheduled meetings to discuss fire station closure, four of the 28 stations are set to close on january 15th in those areas. the fire chief and board members wi
and income taxes on the state's top earners. the fiscal cliff would add to that, hitting all americans with higher taxes. >> i don't know there is a word to describe how pissed the public is going to be, nobody going to be happy to see that happen. >> if taxes go up on everybody it is not going to be a happy time but i think that is inevitably what is going to happen. >> the tax policy center says the lowest income people will shrink over 3%, average owners 4% and top earns...
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Dec 27, 2012
12/12
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there's a whole host of other things, $2,200, income tax, estate tax, dividend tax, all of those set to go up on americans and what is expected to be a disaster for every household. if for some reason we go over the cliff and don't do something at the beginning of january and go back retroactively and adjust the rates, krystal. >> yeah. >> peter, you said something a minute ago and significant and if there's going to be a deal, that ends up leaving some taxpayers, wealthy taxpayers, paying higher than now, it's next year for republicans to sign off on it saying it's a tax cut in some form and gives democrats to wait until next week to strike a deal and wonder besides getting what they want or most of what they want on taxes if they wait until next week, is there anything else they can get in a deal in terms of we are talking about unemployment insurance, in terms of, you know, investment income and the tax rates and stimulus and looking for more stimulus and just be a tax cut deal next week or more components to it? >> reporter: it's a good question. they're having enough struggles w
there's a whole host of other things, $2,200, income tax, estate tax, dividend tax, all of those set to go up on americans and what is expected to be a disaster for every household. if for some reason we go over the cliff and don't do something at the beginning of january and go back retroactively and adjust the rates, krystal. >> yeah. >> peter, you said something a minute ago and significant and if there's going to be a deal, that ends up leaving some taxpayers, wealthy taxpayers,...
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Dec 27, 2012
12/12
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happened, tax increases. john boehner was offered 121. not only are they phony, they get smaller. negotiation to walk into. eric: we have to leave it there, grover norquist, thank you. imagine every ship in port for massachusetts to texas shut down, nothing gets in or out. if they don't get their way, will everybody pay? this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just g "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture ca! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am on the naughty list again? ho ho ho! >> forget the fiscal cliff. eric: forget the fiscal cliff, what about a container cliff and what that might do to the economy. a a nasty standoff between union workers and the companies could cripple the nation. unless two groups reach a
happened, tax increases. john boehner was offered 121. not only are they phony, they get smaller. negotiation to walk into. eric: we have to leave it there, grover norquist, thank you. imagine every ship in port for massachusetts to texas shut down, nothing gets in or out. if they don't get their way, will everybody pay? this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just g...
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Dec 29, 2012
12/12
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not allowed to exempt our manufacturers from that tax. now, we established the world trade organization at a time where we really didn't think anyone was going to compete, and we wanted to encourage other countries to build their industries, but the world has changed, and i think on a bipartisan basis, we need to push for a change in those wto, the sanction between indirect and direct taxation when it comes to tax credits for exports. sure? >> if you've come across companies that do actually export successfully in your research? >> absolutely. i talk about a number of them, and we still -- one of the companies i talked about is tucker powder. it's in alabama, and they export candy all over the world, and i described the alabama as an example of that you don't have to be on the coast to be -- to be successful at reporting, and one that they don't understand, we have a big port in alabama. they took exception with that. the point is that the -- even their pucker powder is extraordinary. they are going on trade fairs. they are going on trade
not allowed to exempt our manufacturers from that tax. now, we established the world trade organization at a time where we really didn't think anyone was going to compete, and we wanted to encourage other countries to build their industries, but the world has changed, and i think on a bipartisan basis, we need to push for a change in those wto, the sanction between indirect and direct taxation when it comes to tax credits for exports. sure? >> if you've come across companies that do...
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Dec 28, 2012
12/12
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KPIX
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if no deal is reached, taxes will go up for nearly every american. senators reconvened thursday with tensions spilling over onto the floor. each side accused the other of stalling. >> speaker boehner is unwilling to negotiate. we've not heard a word from mcconnell. nothing is happening. >> the phone never rang. and so now here we are, five days from the new year. and we might finally start talking. >> reporter: senate majority leader harry reid skewered house speaker john boehner, charging he's more interested in his leadership position than in bipartisan legislation. >> the speaker's no. 1 goal is to get elected speaker on january 3. >> reporter: the two sides are at odds over tax cuts and spending. republicans say it's up to the democratically controlled senate and white house to reach an agreement. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: members of the house were told to come back to washington sunday evening. they would have
if no deal is reached, taxes will go up for nearly every american. senators reconvened thursday with tensions spilling over onto the floor. each side accused the other of stalling. >> speaker boehner is unwilling to negotiate. we've not heard a word from mcconnell. nothing is happening. >> the phone never rang. and so now here we are, five days from the new year. and we might finally start talking. >> reporter: senate majority leader harry reid skewered house speaker john...
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Dec 27, 2012
12/12
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CNNW
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capital gains taxes increasing from 15% to 20% pre-bush tax levels. then estate taxes going as high as 55% with the $1 million exemption and currently the 35% with a $5 million exemption so we're definitely going to see a big change coming forward. >> so when will we feel it? >> well we won't feel it until 2014, when the majority of it, when the individuals file their 2013 taxes. the payroll tax cut was for individuals earning $50,000 a year, might fill a lessen in their total check in january, the majority not until 2014. >> so is there any way you can avoid higher taxes, any tricks? >> well essentially what individuals are doing is almost like a reverse philosophy, where previously individuals wanted to take as many deductions as they are right now to reduce their taxable base but individuals what they're realizing income levels if they can figure out how to accelerate their income now and take the deductions next year, for instance, using, making their charitable deductions, if you haven't made them already, make them next year and take that deduct
capital gains taxes increasing from 15% to 20% pre-bush tax levels. then estate taxes going as high as 55% with the $1 million exemption and currently the 35% with a $5 million exemption so we're definitely going to see a big change coming forward. >> so when will we feel it? >> well we won't feel it until 2014, when the majority of it, when the individuals file their 2013 taxes. the payroll tax cut was for individuals earning $50,000 a year, might fill a lessen in their total check...
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Dec 25, 2012
12/12
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she talks to guests and signs books at americans for tax reform here in washington. this is about 20 minutes. >> he ordered his on amazon. spent how are you? are we going to sign that later? okay. hello. hello. thanks for coming. >> thanks for writing the book. >> nice to meet you. hello. hello. spent nice to meet you. >> gary johnson? no, no, no, no. you've got to be a romney girl now. >> how are you? good to see you. >> my own newspaper held me over and i was explaining, it's rude to lose your watch in the middle of an interview. it's like a half hour later. spent do you know brian? >> i haven't seen in such a long time. why wouldn't you have me on? we are? that's great, that's great because i will be in new york for that. hello. i will see you later. that was good. do you know who it is dedicated to? >> no. >> it's a crackerjack surprise inside. has your husband read it yet? spent he's busy. leave him alone. >> he changed his e-mail address on the, by the way. spent i don't know what your e-mail is. >> both of you change your e-mail address on it. i hadn't planned
she talks to guests and signs books at americans for tax reform here in washington. this is about 20 minutes. >> he ordered his on amazon. spent how are you? are we going to sign that later? okay. hello. hello. thanks for coming. >> thanks for writing the book. >> nice to meet you. hello. hello. spent nice to meet you. >> gary johnson? no, no, no, no. you've got to be a romney girl now. >> how are you? good to see you. >> my own newspaper held me over and i...
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Dec 27, 2012
12/12
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republicans can vote for a tax cut. democrats are in a stronger position because they have more tax cuts that they want. i would get familiar with the phrase the last train leaving the station which is always the last bill coming off capitol hill before the session ends. this gets chalked up with a lot of stuff. it could even be monday. senate has a last train leaving the station. mcconnell decides not to block amendments, gets to the floor of the senate, gets to the floor, gets passed. i don't think it's unreasonable to think that can conceivably happen. >> mike, we don't have a lot of time, but do you see that as being reasonable that mcconnell would go down that route? >> mcconnell, i don't great with steve. i've had january 10th in the pool for quite some time as the day they come to an agreement. i think the question is will the republicans have any leverage at that point to get the spending cuts and entitlement reforms that were on the table before they're going to give up their leverage? and .i think they're goin
republicans can vote for a tax cut. democrats are in a stronger position because they have more tax cuts that they want. i would get familiar with the phrase the last train leaving the station which is always the last bill coming off capitol hill before the session ends. this gets chalked up with a lot of stuff. it could even be monday. senate has a last train leaving the station. mcconnell decides not to block amendments, gets to the floor of the senate, gets to the floor, gets passed. i don't...
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Dec 25, 2012
12/12
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FBC
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taxes. and, on top of health care, that's why we have not gotten really any better off in unemployment than when the president took office. i just think it's time for us to stop talking about making it harder to create jobs and instead, say we champion small business and we want you to grow and expand and give us a great economy by hiring people. gerri: senator, i like what you said about stability and predictability. i think that's what a lot of people are looking for out there. thanks for coming on the show. great to have you here. i hope you come back soon. >> thanks, gerri. i love being on. thank you. gerri: thank you. a federal tax credit for wind power producers expires in 2013. the obama administration is pushing for new taxpayer support for wind projects. with our budget deficit soaring an intense debate is heating up over whether the government should be throwing your tax dollars at industry the first place. i asked robert bryce, senior fellow at the manhattan institute about this i
taxes. and, on top of health care, that's why we have not gotten really any better off in unemployment than when the president took office. i just think it's time for us to stop talking about making it harder to create jobs and instead, say we champion small business and we want you to grow and expand and give us a great economy by hiring people. gerri: senator, i like what you said about stability and predictability. i think that's what a lot of people are looking for out there. thanks for...
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Dec 28, 2012
12/12
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FBC
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any time the rpublican candidate is viewed as the tax sector. in many had to defend his position in the debate he was a way out of his way to say, if you are wealthy and all you're not getting any tax cuts, and it was a defensive argument on a fundamental issue rather than pointing president obama had twice argue in public that raising taxes in an economic downturn would doom the economy. the president of the united states said that and iran on a proposal. lou: two things that seem peculiar. i would love for both of you to respond. i heard a lot of bonn, abou the tea party. the tea party did not exist in this election. it was a non fctor. why in the world would there be so much concerin the republican party about the tea party. why was there an idea that you're better off today than you were four years ago and pick 2008 as the year, he baseline, and it was a lousy year. in point of fact, just about everybody is. what o you make? very quickly. >> your immediate questn, yes, we were better off than the depths of being in a whole. president clinton
any time the rpublican candidate is viewed as the tax sector. in many had to defend his position in the debate he was a way out of his way to say, if you are wealthy and all you're not getting any tax cuts, and it was a defensive argument on a fundamental issue rather than pointing president obama had twice argue in public that raising taxes in an economic downturn would doom the economy. the president of the united states said that and iran on a proposal. lou: two things that seem peculiar. i...
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Dec 27, 2012
12/12
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and all tax rates will go up on income tax and estate taxes and all the bad stuff will happen and how she's good politics. >> look, politicians are creatures of narrow self-interest, from the self-interested standpoint of a republican house member from a safe district who fears a primary challenge, yes, it's better for them to wait three days, cast -- go over the cliff, cast a vote to cut taxes, and basically screw all the people who are going to be affected by it preserving their own jobs than it is to agree to a tax increase now and risk the wrath of the tea party right two years from now. >> chris, let me ask you about another possible, i hope it doesn't happen. next tuesday or next wednesday when the market reopens on january 2nd and they fully realize at that point that this cliff has been gone over and the congress has failed to meet its own targets which it set itself when it set this cliff up, who will pay the price if say the market drops 500 or 1,000 points and keeps dropping for two or three days and that creates the chances for a second dip, a second recession. who will be
and all tax rates will go up on income tax and estate taxes and all the bad stuff will happen and how she's good politics. >> look, politicians are creatures of narrow self-interest, from the self-interested standpoint of a republican house member from a safe district who fears a primary challenge, yes, it's better for them to wait three days, cast -- go over the cliff, cast a vote to cut taxes, and basically screw all the people who are going to be affected by it preserving their own...
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Dec 30, 2012
12/12
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FOXNEWSW
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, gas taxes sales taxes, you name it. as a result virginia has a job growth rate that is three times that of maryland. virginia has a lower unemployment rate. so you see that contrast and paul, i think in this election, it actually worked to the president's benefit in some of the swing states like o-ohio and virginia and you had the voters in the states experiencing above average growth thanks to the policies of republican governors. >> paul: kim, then you see the alternatives and let me mention one state where democrat gina amando the state treasurer pushed through a terrific pension reform, probably the best in the country, but if you look at other states where the democratic coalition is dominant, illinois, for example, new york state and california, you see a very different policy mix. which direction are they going? >> their policy mixes to mirror what's happening in washington, which is do not address any of your structural spending problems and need to add spending and ask your taxpayers in particular to-- the weal
, gas taxes sales taxes, you name it. as a result virginia has a job growth rate that is three times that of maryland. virginia has a lower unemployment rate. so you see that contrast and paul, i think in this election, it actually worked to the president's benefit in some of the swing states like o-ohio and virginia and you had the voters in the states experiencing above average growth thanks to the policies of republican governors. >> paul: kim, then you see the alternatives and let me...
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Dec 27, 2012
12/12
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people are factoring in -- my tax benefits, maybe my taxes will be raised by $22 million a year come january and is having a downdraft on the economy. very irresponsible. i want this solve the. >> dennis: your democratic colleagues said the problem is division among republicans and thought that was a republican/democrat thing. >> it is both. there's plenty of blame to go around on both sides. democrats are to blame for eat the ridge ideological crusade, the congressional budget office and ernst and young warned will destroych ideological crusade, the congressional budget office and ernst and young warned will destroy 2,700,000 middle-class jobs and republicans should try to save as many people as possible. that is the impasse and ultimately the leadership of the house is responsible for not having the house in session right now to be hammering this out. marcy and i can trade charges back-and-forth on tv but we are not in the same room to actually deliver 8 -- deliberate as the legislative process is designed to do. i am embarrassed to be in my district when the house should be in was
people are factoring in -- my tax benefits, maybe my taxes will be raised by $22 million a year come january and is having a downdraft on the economy. very irresponsible. i want this solve the. >> dennis: your democratic colleagues said the problem is division among republicans and thought that was a republican/democrat thing. >> it is both. there's plenty of blame to go around on both sides. democrats are to blame for eat the ridge ideological crusade, the congressional budget...
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Dec 27, 2012
12/12
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cuts for the wealthy and raising taxes among the rich. the treasury announced they will resore to using a program to help sustain their money. they will look to borrowing where the government defaults on their debt. >>> former president bush remains alert talking with medical staff. former president bush was in the hospital since last monday for complications related to bronchitis. >> we are hoping the medicine and treatments can help him turn things around. >> the former president has a high fever and is now on a liquid only diet. his former florida governor and son have all been frequent visitors. >>> they came after 14 million vehicles came. they say the value of the cars fell sharply after the recalls. a judge must still approve the settlement. >>> how are things looking tara >> so far so good, let's take a live look at the east shore freeway and traffic is moving very nicely there. folks are headed towards berkeley, no delay. you can see traffic is flowing nicely into san francisco and traffic is moving well in both directions let's
cuts for the wealthy and raising taxes among the rich. the treasury announced they will resore to using a program to help sustain their money. they will look to borrowing where the government defaults on their debt. >>> former president bush remains alert talking with medical staff. former president bush was in the hospital since last monday for complications related to bronchitis. >> we are hoping the medicine and treatments can help him turn things around. >> the former...